Market Report – 18 October

Total Yarding: 16,442

Lamb numbers were similar to last week, there was an increase in Merino lambs and old lambs while new season lamb numbers eased to 7,800 head. The quality was fair to good with a good number of trade weights and light export lambs. Heavier lambs and extra heavy lambs remain in short supply and there were plenty of store lambs. All the usual buyers and a few extra re-stockers were operating in a firm to dearer market.

Restocking lambs were $5 dearer and ranged from $73 to $116/head. The medium and heavy trade new season lambs were $3 to $6 dearer and sold from $128 to $155/head. Heavy lambs ranged from $150 to $185/head. Carcase prices ranged from 615c to 655c/kg cwt on average.

Old trade lambs ranged between $120 and $149 and heavy and extra heavy lambs to a top of $191.60/head. Merino trade lamb sold from $148/head.

Mutton numbers eased and there were still plenty of ewes penned. Quality was fair with a good number of light and medium weights offered. Heavy mutton was back in volume. Prices lifted $2 to $6/head on average. Medium weights ranged between $80 and $118/head. Heavy crossbreds sold from $113 to $133/head. Heavy Merinos reached $146/head and averaged 430c/kg cwt.

Market Report: MLA’s National Livestock Reporting Service.

CLICK HERE to download the SELX Market Report – Prime Sheep & Lamb – 18 October 2017.

Photo: Garry Apps & David Smith, Ray White Boorowa/Binalong sold 155 Suckers on behalf of Bethune Pastoral Co, Harden to a top of $177ph.

Share